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The Law and Autonomous Vehicles: Contemporary Commercial Law

Jared Nelson

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Autonomous vehicles (AVs) are rapidly emerging as a transformative technology with the potential to revolutionize transportation and industry. The development and deployment of AVs raise complex legal and commercial challenges that require careful consideration and analysis. This article explores the contemporary commercial law landscape surrounding AVs, providing an overview of the key legal frameworks, regulatory issues, and emerging trends.

Legal Frameworks

The legal framework for AVs is evolving rapidly to address the unique challenges posed by these new technologies. At the international level, the Vienna Convention on Road Traffic (1968) provides a general framework for the operation of vehicles on public roads, including AVs. However, more specific regulations are required to address the specific characteristics and capabilities of AVs.

The Law and Autonomous Vehicles (Contemporary Commercial Law)

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In the United States, the National Highway Traffic Safety Administration (NHTSA) has developed a regulatory framework for AVs that includes safety standards, testing procedures, and certification requirements. The California Department of Motor Vehicles (DMV) has also adopted regulations specific to AVs, including permitting and registration requirements.

In the European Union, the General Safety Regulation (2019/2144) provides a framework for the approval and market surveillance of AVs. The EU is also working on a comprehensive legislative package on AI, which is expected to include specific provisions on AVs.

Regulatory Issues

The regulation of AVs involves a complex interplay between different levels of government and regulatory agencies. At the federal level, the NHTSA is responsible for safety regulation, while the Federal Trade Commission (FTC) has jurisdiction over consumer protection issues. At the state level, the DMV has authority over vehicle registration and licensing.

One of the key regulatory challenges is the determination of liability in the event of an accident involving an AV. Traditional liability frameworks may not be adequate to address the complexities of AV technology and the potential for multiple parties to be involved in an accident.

Commercial Implications

The development and deployment of AVs have significant commercial implications across a wide range of industries.

Transportation:

AVs are expected to transform the transportation sector by reducing accidents, improving efficiency, and providing new mobility options. They have the potential to disrupt traditional transportation models, such as ride-hailing and public transportation.

Insurance:

AVs are likely to have a major impact on the insurance industry. The reduced risk of accidents could lead to lower insurance premiums for AV owners. However, new insurance products and services may be needed to cover the unique risks associated with AVs.

Manufacturing:

The development and production of AVs will create new opportunities for manufacturers and suppliers. The automotive industry will need to adapt to the challenges and opportunities presented by AV technology.

Technology:

AVs rely on a range of advanced technologies, including sensors, cameras, and artificial intelligence. The development of these technologies will drive innovation and create new opportunities for technology companies.

Emerging Trends

The commercial landscape surrounding AVs is constantly evolving, with new technologies and business models emerging. Some of the key trends to watch include:

Ride-sharing:

AVs are expected to play a major role in the ride-sharing market. Companies such as Uber and Lyft are investing heavily in AV technology to develop self-driving ride-sharing services.

Delivery:

AVs are also being used for delivery services. Companies such as Our Book Library and FedEx are testing AVs for last-mile delivery and logistics applications.

Freight:

AVs have the potential to revolutionize the freight industry. Self-driving trucks could improve efficiency, reduce costs, and address the shortage of truck drivers.

The Law and Autonomous Vehicles: Contemporary Commercial Law provides a comprehensive overview of the legal and commercial implications of AVs. As the technology continues to develop and deploy, it is essential for businesses, policymakers, and legal professionals to stay abreast of the latest developments to navigate the complexities and seize the opportunities presented by AVs.

The Law and Autonomous Vehicles (Contemporary Commercial Law)

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